Woodbrook Group Holdings Inc (WDBG)

[horst]

$NHPI Purely hypothetical, but the only thing that, from a business perspective, would explain the terms outlined in the Oct. disclosure of NHPI acquiring Woodbrook via relatively small amount of Series A Preferred Stock (but with 1000 votes per share voting rights) would be if Doherty and his Woodbrook investors were the ones who bought up the hundreds of millions of NHPI shares in April. Were they the owners of the substantial portion of NHPI, along with the former NHPI CEO of course, then the terms of this deal would make sense - Woodbrook's owners/investors wouldn't be selling Woodbrook for a song; instead they would be preserving value of their own NHPI shares. So in that scenario, NHPI shares could preserve value relative to the value of the merged company.

Again, I'm just speculating and there's nothing but hypothetical reasoning to back it up, but I've been wracking my brains for an explanation of the deal as outlined here, and this would explain the business decision on the part of Doherty: https://backend.otcmarkets.com/otcapi/company/financial-report/205673/content

Obvious hole in the theory: would Doherty et al have to disclose? I'm frankly not sure what the insider disclosure rules, if any, are for pinkies when the buyers are international.

There are many missing pieces to the NHPI puzzle, which is why it's so controversial. We'll know someday - could be a simpler explanation, could be all BS and fluff, could be a huge merger deal and NASDAQ and big things for this stock. Time will tell...